期刊名称：International Journal of Economics and Financial Issues
电子版ISSN：2146-4138
出版年度：2017
卷号：7
期号：3
页码：382-388
语种：English
出版社：EconJournals
摘要：This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014. According to ARDL bound test approach to co integration analyses, the results found that financial development plays an essential role in mediating the impact of FDI on economic growth in Malaysia. This implies that well-developed financial sectors lead to further and facilitate FDI spillover and hence yield economic growth, particularly for the case of Malaysia. Keywords: Financial development, economic growth, FDI, PCA, ARDL JEL Classifications : F23, O16, O40
其他摘要：This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014. According to ARDL bound test approach to co integration analyses, the results found that financial development plays an essential role in mediating the impact of FDI on economic growth in Malaysia. This implies that well-developed financial sectors lead to further and facilitate FDI spillover and hence yield economic growth, particularly for the case of Malaysia. Keywords: Financial development, economic growth, FDI, PCA, ARDL JEL Classifications : F23, O16, O40
